millions of exchange. millions of people buying, trading, selling, building, investing. it has its ups and downs. it is imperfect. it's more reliable, however, and more durable. and ultimately as history has shown, it's more successful. by the way perhaps the best example of the goods a free enterprise can do this by looking at the example of the developed world itself. my friend, arthur brooks at the american enterprise institute, he has put out that before the year 1800, the living standards in the west were appalling. a person born in the 18th century lived essential as his great, great, great grandfather. life was overwhelmed with disease and danger. and early death. but starting in 1800 the west began to centuries of free enterprise and trade, living standards rose. literacy spread.